MOSCOW, March 4 (RIA Novosti)  An adviser to Russian President Vladimir Putin said Tuesday that authorities would issue general advice to dump US government bonds in the event of Russian companies and individuals being targeted by sanctions over events in Ukraine.

Sergei Glazyev said the United States would be the first to suffer in the event of any sanctions regime.

The Americans are threatening Russia with sanctions and pulling the EU into a trade and economic war with Russia, Glazyev said. Most of the sanctions against Russia will bring harm to the United States itself, because as far as trade relations with the United States go, we dont depend on them in any way.

Glazyev noted that Russia is a creditor to the United States.

"We hold a decent amount of treasury bonds  more than $200 billion  and if the United States dares to freeze accounts of Russian businesses and citizens, we can no longer view America as a reliable partner, he said. We will encourage everybody to dump US Treasury bonds, get rid of dollars as an unreliable currency and leave the US market.

According to US Treasury data from the end of 2013, Russian investments in US government bonds total around $139 billion out of a total of $5.8 trillion of US debt held in foreign hands.

US Secretary of State John Kerry on Saturday warned that Russian military interventions in Ukraine, which have been justified by the Kremlin as protection for residents in heavily ethnic Russian-populated regions, could result in serious repercussions for Moscow.

That’s a laugh, for five years now the Fed Reserve just sends in the plumber protection unit at Bond auctions to buy them up, and Insurance companies are giving investors Market value adjustments to coax them into selling their pre-tarp bonds.
Janet Yellen would eat Putin’s lunch, let him sell, the Fed wants to monitize the debt further, that would be an opening.

5
posted on 03/04/2014 10:40:51 AM PST
by swamprebel
(a Constitution once changed from Freedom, can never be restored.)

I’m not sure if that’s desperation, bravado, or ignorance on the part of the man. Given Putin’s otherwise slick handling of the Russian propaganda machine, I’d say it’s more of the latter two. Someone needs to shoot his advisor with a tranquilizer gun.

7 Most of the sanctions against Russia will bring harm to the United States itself....

Which is why Obozo will implement sanctions. It's right up his alley........................

Was watching FNC's "TO'RF" last night when the BO'Re strongly advocated financial sanctions against Russia. I strained a gut yelling at the TV that this approach would backfire dangerously on the U.S., especially after we are told that Russia and the ChiComs are back to being best buds.

Given that the Federal Reserve and its rigged control of interest rates, and monetization of government debt is the foundation of the nanny-state here in the USA, I am quite curious to see what would happen when a big US Government debt holder tries to dump their T-Bonds.

It might be ugly for us - or it might be ugly for them. Hard to say.

Either way - massive government debt held by foreigners who may one day be your enemy is not a sensible or stable long-term security policy.

For some reason I get the felling our leaders, both Putin and O’bummer, are a couple of snotty nosed school-boys fighting in the school yard. That’s our diplomacy for you.
Now if China dumped our bounds we would really be in trouble.

Did someone say, "Cold War?" And dumping bonds, Pootie, seriously, that's a great idea! Go ahead, make our day, Putin! Dump those bonds (not a drop in the bucket compared to what the Chinese have bought)!

Rossiya Segodnya (official name: Federal State Unitary Enterprise International Information Agency Rossiya Segodnya; from Russian: Россия Сегодня, Russia Today) is the official Russian government owned international news agency founded by presidential decree on 9 December 2013. Rossiya Segodnya incorporates the former RIA Novosti news service and the Voice of Russia international radio service (formerly Radio Moscow).

20
posted on 03/04/2014 1:51:34 PM PST
by familyop
(We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)

16 All either one of them has to do is dump their treasuries on the market and POOF, the dollar goes to zilch..................but then they would lose as well.....................

In a sane world, what you say holds, but with tensions rising worldwide ...

I am reminded of that scene from "The Godfather" where Clemenza is instructing Michael how to shoot the pistol to assassinate Capt. McCluskey and Sollozzo. Michael asks how bad will the aftermath/blowback be. Clemenza replied, "Pretty bad. But these things have to happen every 10 years or so to get rid of the bad blood."

And of course, the "Sage of Monticello" had something to say about that also ...

I hold it that a little rebellion now and then is a good thing, and as necessary in the political world as storms in the physical. The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. It is its natural manure. Thomas Jefferson, POTUS #03

The Fable of the Scorpion and the Frog: A scorpion asked a frog to carry him across a river. The frog is afraid of being stung during the trip, but the scorpion argues that if it stung the frog, the frog would sink and the scorpion would drown. The frog agrees and begins carrying the scorpion, but midway across the river the scorpion does indeed sting the frog, dooming them both. When asked why, the scorpion points out that this is its nature. There is also a variation in which the final words of the scorpion are "It is better we should both perish than that my enemy should live."

Yes, and everyone is too afraid to admit that truth. The world will just continue on as before, the Fed machine can keep on moving decimal places on flat screens, 401Ks and IRAs will soar, and nothing will ever happen to change any of this. OK?

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